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TransCanada warns layoffs coming as oil downturn squeezes customers

2015-09-24 18:41:13| Oil & Gas - Topix.net

Spokesman James Millar says the oil downturn has had a profound impact on the company's customers, so it must do whatever it can to reduce costs. Millar says about a fifth of senior leadership positions are expected to be cut when layoffs and retirements are taken into account and it's not clear yet how many jobs below that level may be eliminated.

Tags: coming customers oil warns

Category:Energy and Environment

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